Offer summary

Qualifications:

2 year College Degree in Finance, Business or Economics, 1-2 years’ experience in the Life Insurance industry, Proficient in Microsoft Word, PowerPoint and Excel, Strong communication skills and customer service orientation..

Key responsabilities:

Review and evaluate life insurance applications for acceptance or denial up to $1,000,000

Request and assure necessary information for underwriting requirements

Interpret MIB codes and prepare reports for the Medical Information Bureau

Provide support for contract changes and prepare training presentations for underwriters or sales agents.

Job description

Overview

AAA Life is seeking a Life Insurance Underwriter that will, analyze, evaluate and classify risk for life insurance applications. This underwriter will determine whether to approve, modify or decline a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information pertinent to the decision. Has contact with the field sales team, customers and vendors to gather information on which to base decisions. Has authority to approve cases up to specific standard and substandard limits.

Note

Mortgage underwriting experience will NOT be considered
Call volume on average is about 4-6 calls a day. Regular late night is 1 day every other week. Friday night late nights are rotated which is about 1 per quarter.

Position Responsibilities

Reviews for acceptance or denial, assigned life applications with face amounts up to $1,000,000 fully underwritten
Determines and assures that appropriate information necessary to fulfill underwriting requirements has been requested such as; re-examinations, special exams, medical reports, database research, investigations and laboratory studies
Interprets MIB codes, and prepares data and reports to the Medical Information Bureau, which involves knowledge of MIB code meanings and procedures.
Provide support for contract change and reinstatement underwriting that may be required.
Prepares presentations for underwriters or sales agents that assist with training and development.

Qualifications

2 year College Degree in Finance, Business or Economics
1-2 years’ Life Insurance industry experience (sales experience or strong life insurance sales support and training)
Knowledge of life and annuity sales strongly preferred
Proficient in Microsoft Word, PowerPoint and Excel
Strong communication skills – verbal and written
Ability to provide strong customer service
Possesses some technology knowledge of insurance system applications and data
Works well in a team environment
Demonstrates proactive skills
Willingness to work extended hours and weekends, if required
Team player and self–starter, highly motivated, and results driven
Ability to effectively function in a fast-paced team environment
Demonstrates a high level of independence and creativity, and looks for opportunities to initiate and follow through on new projects and opportunities
Strong organizational and follow-up abilities
Ability to thrive in fast-paced challenging environment